All About Pensacola Short Sales

In these difficult financial times and crazy inflated markets, more and more sellers are finding they need to sell their homes for less than they owe on their mortgages, known as a “short sale”. This can be a good deal for you as a buyer, as long as you’re aware of the extra time and work required to make it happen. Hopefully, this will help you understand more why this can be so time consuming and also, how much work we are doing behind the scenes, if you will.

Pensacola Short Sale – a sale of real property for an amount less than the unpaid balance of its first mortgage. The sale proceeds, after costs such as real estate commissions, escrow, and title, are passed along to the lender, who agrees to accept the proceeds as payment in full, despite the shortfall. Such a sale requires the consent of the lender and may create taxable gain for the seller to the extent of the debt forgiven by the lender. Pensacola Short Sales may also affect the credit of the seller.

The Mortgage Lender’s “Pensacola Short Sale” Factors
The seller’s mortgage lender will consider many factors in deciding whether to approve a short sale:

Whether the seller is deserving of a break, due to financial hardship caused by unforeseen circumstances such as layoffs, divorce or illness, or whether it would be cheaper to simply repossess the house.
The banks or lending institutions, Loss Mitigators, sometimes receive bonuses based on how many defaulted loans they can clear up. I document and prove my offer makes sense! This is where my experience and specific training come into play. There are many benefits and options, as a licensed real estate professional can offer over the other so called “loss mitigation specialists” and especially the unlicensed inexperienced investors

Call me if you feel a short sale would be in your best interest. 850-393-5134

$139,900             2/2/1             

CLICK HERE FOR VIRTUAL TOUR   

SHORT SALE – PRICE REDUCED $30K ~ Nestled in East Hill, DeSoto Square is the ONLY gated community in East Hill and is conveniently located in downtown Pensacola, just minutes from fine dining, nightlife, boating, entertainment events, community parks, and outdoor festivals! This quaint, gated, secure, two-story style town-homes feature a porch and second story balcony off the master bedroom. Lighting and faucets have been upgraded to reflect a gorgeous Mediterranean style. Granite countertops grace the custom cabinets in the kitchen and bathrooms. The kitchen overlooks the dining and family room that is wired for surround sound and is wired for a plasma screen TV above the ventless fireplace. The arched, oversized garage adds to your overall convenience along with a half bath downstairs. Ascending the stairs with the natural light flooding in from the stairwell window (only unit with that window/natural light because it’s an end unit), you can head left to the master suite or left to the 2nd bedroom. Each bedroom has its own bathroom with dual granite vanities in the master bath. The Community will consist of 22 units when completed and will included a picnic area and lighted sidewalks. THIS IS THE ONLY UNIT WITH ALL THE UPGRADES INCLUDING THE VENTLESS FIREPLACE AND THE ONLY UNIT WITH BAMBOO FLOORS.

TEXT/CALL 850-393-5134 for more info

VISIT www.PensacolaFoundPensacolaBeach.com for complete details!

Pensacola Short sale

Nice home in Codova Park. View of Bayou Texar from living room. Neutral paint. Newer stainless steel oven and dishwasher. Wood flooring throughout living areas. Tile in kitchen and baths. Large bedrooms and lots of closet space. Nice detached brick laundry/hobby room. Fenced yard, large lot.

VIEW VIRTUAL TOUR OF HOME HERE

CALL/TEXT 850-393-5134 for more info

Visit www.ParadiseFoundPensacolaBeach.com for additional details!

PENSACOLA SHORT SALE

PENSACOLA SHORT SALE ~ $45,000

This home seems and feels much larger than it is. This house has electric cook top plus an oven, newer dishwasher, newer water heater, a new roof and HVAC in 2004 and a privacy fence that encloses the whole property.

1010 N Haynes St #1 Pensacola FL

$169,900          2/2/1          Downtown Location

Nestled in East Hill, DeSoto Square is the ONLY gated community in East Hill and is conveniently located in downtown Pensacola, just minutes from fine dining, nightlife, boating, entertainment events, community parks, and outdoor festivals! This quaint, gated, secure, two-story style town-homes feature a porch and second story balcony off the master bedroom. Lighting and faucets have been upgraded to reflect a gorgeous Mediterranean style. Granite countertops grace the custom cabinets in the kitchen and bathrooms. The kitchen overlooks the dining and family room that is wired for surround sound and is wired for a plasma screen TV above the ventless fireplace. The arched, oversized garage adds to your overall convenience along with a half bath downstairs. Ascending the stairs with the natural light flooding in from the stairwell window (only unit with that window/natural light because it’s an end unit), you can head left to the master suite or left to the 2nd bedroom. Each bedroom has its own bathroom with dual granite vanities in the master bath. The Community will consist of 22 units when completed and will included a picnic area and lighted sidewalks. THIS IS THE ONLY UNIT WITH ALL THE UPGRADES INCLUDING THE VENTLESS FIREPLACE AND THE ONLY UNIT WITH BAMBOO FLOORS. SHORT SALE – Bring offers!

CALL/TEXT Cindy 850-393-5134 for additional information

1040 Brownfield Rd, Pensacola